BUSINESS
Have no interest in investing in any other arm of Shriram Group, says MUFG's Yasushi Itagaki
MUFG is 'happy with its status as a significant minority stakeholder' in Shriram Finance, COO Yasushi Itagaki has said
BUSINESS
Shriram Capital may rethink restructuring of lending and credit business
The company’s board of directors, at a meeting held earlier this month, recorded its in-principle intent to explore and assess possible restructuring alternatives
BUSINESS
Piramal Finance to sell entire 14.72% stake in Shriram Life Insurance for Rs 600 cr to Sanlam EM (Mauritius)
Piramal Group and STG are also looking to divest their stake in the general insurance venture, but initial conversations with potential investors have been somewhat lukewarm, with buyers showing limited appetite for taking a minority stake at this stage, the sources said
BUSINESS
Japan's MUFG Bank buys 20% stake in Shriram Finance for Rs 39,600 crore
MUFG will have the right to appoint two nominee directors on the board of Shriram Finance
BUSINESS
Shriram Finance poised for massive re-rating with MUFG entry after $4-bn fresh infusion
Sources said the stake acquisition will be executed through a combination of preferential allotment and warrants.
BUSINESS
An emotional townhall, tag-along option and more: Finer details of the Avendus - Mizuho deal
Alongside KKR’s stake sale, the private equity firm has also made an offer to acquire the shares held by Ranu Vora, one of Avendus’ co-founders.
COMPANIES
Top four private life insurers witness decline of over 8 crore lives in 18 months
However, this trend contrasts with PSUs, where LIC’s insured base grows and claims return to pre-pandemic levels
BUSINESS
MUFG likely to infuse $3.5-4 billion for 20% stake in Shriram Finance; board meet likely this week
The proposed transaction will not trigger an open offer, as the stake acquisition will be entirely through a primary issuance of shares.
BANKING
We will wait a few months to answer when we will list SBI YONO: Chairman CS Setty
Setty says the bank plans to deploy 10,000 floor managers, up from the current 3,500, to assist customers with digital migration at branches
BUSINESS
Composite licensing still on hold even as govt approves 100% FDI in insurance
Other major reforms proposed in the Insurance Amendment Bill, including composite licences, lower minimum capital requirements for certain categories, and easier entry norms for specialised players, have not been taken up
BUSINESS
Why the push for inbuilt air travel insurance is gaining traction amidst the IndiGo crisis
The inbuilt travel insurance framework was reportedly stalled due to implementation complexities is now reviving momentum again
BUSINESS
SBI General targeting up to 8% improvement in combined ratio, says CEO Naveen Chandra Jha
The insurer’s bottom line has taken a 2–3 percent hit after individual and health insurance premiums were exempt from GST but effect is short term and manageable, the CEO tells Moneycontrol
BUSINESS
Generali Central Life to enter pension segment by Q4 FY26, says CEO Alok Rungta
'Pension is a segment where we are not present today and the opportunity is huge. People need to plan and fund their retirement more proactively than in the past, CEO Alok Rungta tells Moneycontrol
BUSINESS
Insurance premiums log FY26’s biggest jump in November as GST exemption lifts demand
Despite November’s exceptional numbers, the cumulative data for the fiscal offers a more sombre picture. In April-November, life insurers’ NBP grew 9.8 percent YoY
COMPANIES-2
Ageas Federal Life aims to triple its biz over next 3 years: CEO Jude Gomes
CEO Gomes said the company rules out near-term listing, says scale and market position must come first
BUSINESS
Bajaj Finserv sets sight on Rs 21,000–24,000 crore profit by FY30
Chairman Sanjiv Bajaj said he expects to evaluate a possible listing of at least some of the insurance arms within a 4–5 year window, meaning listing could happen by as early as 2028 or slightly later
BUSINESS
Private insurers face distributor pushback on ITC burden
Ongoing negotiations are examining whether a four-way cost-sharing model involving shareholders, distributors, policyholders, and vendors, could offer a balanced and sustainable solutions
COMPANIES
Niva Bupa launches digital academy to curb high agent dormancy
With a Rs 2 crore investment for the July–September period, the campaign aims to rapidly expand and activate Niva Bupa’s agency force by training 10 lakh potential agents
COMPANIES
Axis Max Life sees 60% jump in protection sales post GST exemption, pivots away from ULIPs
ULIPs, traditionally the company’s anchor category, now account for 37 percent of the retail portfolio as of Q2 FY26, down from 42 percent in Q4 FY25.
BUSINESS
Why gig-worker unions are pushing for insurance provisions under the new labour code
Unions say legal recognition means little without actual schemes, contributions and registration, leaving gig workers without enforceable social security
BUSINESS
MC Analysis | HDFC, ICICI & Kotak Mahindra lift share of top 10 banks’ market cap from 57% to 78% in 5 years
While Axis Bank emerges as the third-largest private lender in terms of AUM, reflecting its sizeable loan book, Kotak Mahindra Bank holds the third position in terms of market capitalisation, a distinction driven less by sheer scale and more by investor perception of quality, according to analysts.
BUSINESS
IRDAI likely to engage with CII-FICCI to shorten claim timelines
In this consultation, IRDAI is believed to have formalised the involvement of Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) as neutral mediators to facilitate structured dialogue and consensus-building
BUSINESS
Winter Parliamentary Session: What the insurance sector is watching closely
Here are the top expectations from the insurance sector to watch out for from the Winter Session, which is scheduled between December 1 and 9
BUSINESS
India’s health insurance sector faces Rs 10,000-crore annual leakage due to fraud and abuse
Health insurance gross written premium has reached Rs 1.27 lakh crore in 2025 and is projected to nearly double to Rs 2.6-3 lakh crore by 2030, a BCG report said
